Caci Intl Inc Stock Price, News & Analysis

CACI International Inc (NYSE: CACI) has launched the AVT CM62 Micro Gimbal, a multi-sensor imaging system designed for intelligence, surveillance, and reconnaissance (ISR) operations. Weighing only 260g, this compact system integrates high-definition electro-optical imagery and a long-wave infrared core, enhancing capabilities for small unmanned aerial systems (sUAS). CEO John Mengucci emphasized its significance for modern battlefield operations, providing superior capabilities against technologically advanced threats. CACI acquired Ascent Vision Technologies in 2020, reinforcing its position in advanced imaging solutions.

CACI International Inc (NYSE:CACI) reported strong fiscal fourth quarter results for the year ending June 30, 2021, with revenue of $1.56 billion, a 4.6% increase from the previous year. The company achieved a net income of $137 million, marking a 46.1% rise year-over-year, while diluted earnings per share rose 56.1% to $5.74. Despite a 16.2% decline in operating income due to increased expenses, the company reported robust cash flow and backlog growth. Looking ahead, CACI anticipates revenue growth in FY22 between $6.2 billion and $6.4 billion, emphasizing continued market demand and operational excellence.

CACI International Inc (NYSE: CACI) has appointed recently retired Major General Peter Gallagher as senior vice president to strengthen its national security technology expertise. Gallagher, with over 30 years of experience in the U.S. Army, aims to enhance the integration of innovative technology solutions for defense customers. His prior role as Director of the Army Futures Command Network Cross-Functional Team highlights his focus on modernization and special operations. CACI emphasizes that Gallagher's expertise will add significant value to critical missions across multi-domain battlefields.

CACI International Inc has secured a five-year, $96 million task order from the U.S. Department of State's Bureau of Diplomatic Security. This project will focus on developing and enhancing information systems to support global security missions. CACI will employ Agile methodologies to improve productivity and reliability in system applications. The contract, awarded under the CIO-SP3 indefinite delivery contract, has a one-year base period with four one-year options. This development reflects CACI's established relationship with the Department of State.

CACI International Inc (NYSE: CACI) will showcase advanced technologies for the U.S. Navy at the Sea-Air-Space 2021 expo from Aug. 2-4 in National Harbor, Maryland. Key features include the CM62 Micro Gimbal for ISR operations, precision Electronic Warfare solutions, the secure SteelBox® communications app, and Counter Unmanned Systems technologies. CACI will also sponsor a STEM Expo on Aug. 1 to inspire students in STEM careers. With a strong track record in mission-proven signals intelligence, CACI is enhancing capabilities for multi-domain battlefield operations.

CACI International Inc has secured a nine-year, indefinite delivery, indefinite quantity contract from the U.S. Air Force Sustainment Center, valued at up to $496 million. This contract aims to enhance support for the Ogden Air Logistics Complex’s mission. CACI’s skilled workforce will focus on automated testing and modernization of legacy systems, ensuring the operational safety and effectiveness of various Air Force weapon systems. This initiative marks a significant advancement in CACI’s automated test system support for critical Air Force missions.

CACI International has been awarded a $1.4 billion task order by the Defense Threat Reduction Agency (DTRA). This contract focuses on providing expertise to counter Weapons of Mass Destruction (WMD) and threat networks. The task order extends CACI's previous work with DTRA, enhancing its analytical capabilities to mitigate multi-faceted threats. With a one-year performance period and four optional years, the work will span locations within and outside the Continental United States.

CACI International Inc, a prominent provider of technology and expertise to government entities, will announce its fourth quarter and full-year fiscal 2021 financial results on August 11, 2021, post-market close. The company will provide guidance for fiscal 2022 during a conference call on August 12, 2021, at 8:30 a.m. ET, featuring senior management's insights followed by a Q&A session. Interested parties can access the call and subsequent replay on CACI's investor relations website.

CACI International Inc (NYSE: CACI) has been awarded an $82 million contract by the U.S. Army’s C5ISR Center for a period of four years. This contract focuses on enhancing the Army's cyber and ground electronic warfare missions. CACI will collaborate with the Army to develop technology systems that counter emerging threats and ensure maximum protection for EOD ECM systems. Additionally, CACI will facilitate compatibility testing to identify vulnerabilities within Army EW and communication systems.